Form 4: Crane NXT Officer Samuel Keayes Reports Stock Transactions
SEC Form 4 Filing
Samuel Keayes, SVP at Crane NXT, reports the vesting of restricted share units and subsequent tax withholding.
Summary
- On January 25, 2025, Samuel Keayes, SVP of Security & Auth. Tech. at Crane NXT, Co. [CXT], reported transactions involving Crane NXT common stock.
- 691 Restricted Share Units vested and converted into common stock.
- 325 shares were disposed of to cover tax obligations at a price of $63.7 per share.
- Following these transactions, Keayes directly owns 11,138 shares of Crane NXT common stock and 8,381 Restricted Share Units.
Sentiment
Score: 7
Explanation: The document reflects standard executive compensation practices and stock ownership reporting, indicating a neutral to slightly positive sentiment as it confirms ongoing executive stake in the company.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect standard executive compensation practices.
Key Dates
| Date | Description |
|---|---|
| 01/25/2025 | Date of vesting of Restricted Share Units and stock transactions. |
| 01/28/2025 | Date of signature on the Form 4 filing. |
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